News

  • KfW commits €100bn to Germany's energy transition

    09 August 2012

    KfW has announced it will lend €100 billion ($123 billion) to renewable energy and energy efficiency projects in the next five years, and expects its total lending to environmental projects to rise this year.

  • Investors pressurise Smucker into sustainability goals

    09 August 2012

    JM Smucker has bowed to investor pressure to assess and improve its climate risk disclosure and sustainability efforts, but more work still needs to be done, investors said.

  • Indiana, Kentucky, Ohio dip toes into water quality trading

    09 August 2012

    Three US states have agreed to participate in the first interstate pilot of a water quality trading programme, designed to reduce the release of excess nutrients into the Ohio River Basin.

  • Kiernan hires Clements-Hunt to push sustainability fund to BRICs

    08 August 2012

    Sustainable investment pioneer Matthew Kiernan has teamed up with Paul Clements-Hunt, the former head of the UN Environment Programme's Finance Initiative, to help raise money from wealthy families in the 'BRIC' countries.

  • Nikko mulling US green bond fund

    08 August 2012

    Nikko Asset Management is considering launching a US version of its World Bank green bonds funds, according to the company's European chief investment officer.

  • Aviva strikes £100m deal for residential solar portfolio

    08 August 2012

    Aviva Investors has paid around £100 million ($156 million) for a 23MW portfolio of solar rooftop systems – in what it says is the largest residential-scale renewable energy transaction in the UK to date.

  • Insurance fix seen for residential PACE bond deadlock

    07 August 2012

    Insurance may be the answer to overcoming the objections of government regulators to bond programmes that pay for residential renewable energy and efficiency projects, according to legal experts and observers.

  • Second French region issues green bond

    07 August 2012

    Provence-Alpes-Côte d'Azur has followed Île de France in issuing a sustainable bond, raising €119.5 million ($148.2 million) for renewable energy and social housing.

  • UK allocates £100m to energy efficiency funds

    06 August 2012

    The UK government has selected two fund managers that will invest £100 million ($156 million) of government funds into non-domestic energy efficiency projects, ahead of the UK Green Investment Bank launch.

  • TIAA-CREF adds to timberland portfolio

    06 August 2012

    US pensions giant TIAA-CREF has acquired a majority stake in GreenWood Resources, a leading timberland investment management organisation (TIMO), for an undisclosed sum.